First Industrial Realty Trust, Inc. with ticker code (FR) now have 14 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $63.00 and $42.00 calculating the average target share price we see $53.71. (at the time of writing). Given that the stocks previous close was at $52.33 this indicates there is a potential upside of 2.6%. The 50 day moving average now sits at $49.28 while the 200 day moving average is $50.24. The total market capitalization for the company now stands at 7.18B. The stock price for the company is currently $52.94 USD
The potential market cap would be $7,372,754,790 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 26.21, revenue per share of $4.57 and a 3.03% return on assets.
First Industrial Realty Trust, Inc. is a self-administered and fully integrated real estate company. The Company owns, manages, acquires, sells, develops, and redevelops industrial real estate. The Company manages, leases, buys, (re) develops, and sells bulk and regional distribution centers, light industrial, and other industrial facility types. The Company owns approximately 426 industrial properties, of which 416 are classified as in-service. The 416 in-service industrial properties contained an aggregate of approximately 62.9 million square feet of gross leasable area (GLA) in 18 states, with a diverse base of tenants engaged in a wide variety of businesses, including e-commerce, third-party logistics and transportation, consumer and other manufactured products, retail and consumer services, food and beverage, lumber and building materials, wholesale goods, health services, governmental and other.
